About Cell C
Cell C is a company based in Johannesburg (South Africa) founded in 2001 by Jorge Mendes. Cell C has raised $422.42 million across 3 funding rounds from investors including ZTE, Huawei and BLUE LABEL TELECOMS. Cell C has completed 1 acquisition, including BLUE LABEL TELECOMS. Cell C operates in a competitive market with competitors including Jio, MTN, Airtel, Proximus Group and AT&T, among others.
- Headquarter Johannesburg, South Africa
- Founders Jorge Mendes
- Stage Public
- SectorsTelecommunications
- Website category Computers Electronics and Technology · Telecommunications
- Email••••••••
- Phone•••• ••••
- Website cellc.co.za/cellc/home
- Social LinkedIn X Facebook Instagram
- Legal Name Cell C Holdings Ltd.
- Annual Revenue$779.09 M (USD)13.5as on May 31, 2026
- Net Profit$256.41 M (USD)87.65as on May 31, 2026
- EBITDA$40.1 M (USD)-18.79as on May 31, 2026
- Total Equity Funding$422.42M (USD)
in 3 rounds
- InvestorsZTE
& 2 more
- Investments & Acquisitions
Apps and channels of Cell C
Cell C publishes 2 mobile apps with over 1M+ downloads.
Funding Insights of Cell C
Cell C has successfully raised a total of $422.42M across 3 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $422.42M
- Total Rounds 3
- First Round $477.88M
(Jul 2005)
- Investors Count 3
All 3 funding rounds of Cell C with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2018 | – | Private Equity Round | – | – | |
| Jul 2017 | $422.42M | Private Equity Round | – | – | |
| Jul 2005 | $477.88M | Debt – Conventional | – | – | – |
3 investors in total: 3 institutional.
Investors in Cell C
Cell C has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include ZTE, Huawei and BLUE LABEL TELECOMS.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Enterprise SD WAN network management solutions are provided globally. | 1985 | zte.com.cn | Shenzhen, China | |
Hybrid cloud platforms and networking solutions are provided globally. | 1987 | huawei.com | Shenzhen, China | |
Prepaid secure electronic products are distributed by Blue Label Telecoms. | 2001 | bluelabeltelecoms.co.za | Sandton, South Africa |
Investor details for Cell C
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People of Cell C
64 people are tracked at Cell C (17 in leadership, 47 in team).
| Name | Role | Group |
|---|---|---|
Jorge Mendes | Founder & CEO | Leadership |
Derek Morgan | Managing Executive: Information Technology | Leadership |
El Kope | Chief Financial Officer | Leadership |
Riaan Singh | Managing Executive - Strategy & Innovation | Leadership |
Salvador Francis | Managing Executive - Customer Experience | Leadership |
Brendon Victor | Trade Partner Helpdesk And MNP Manager | Leadership |
Marius Pienaar | Managing Executive: Enterprise Project Management Office | Leadership |
Rachael Ayo-Oladejo | Chief Of Staff, Strategy & Business Transformation | Leadership |
Darius Badenhorst | Chief Growth Officer | Leadership |
Bilal Jhavary | Senior Manager: Partner Services & Innovation | Leadership |
Lourens Swanepoel Fp | Managing Executive : Forensic Services | Leadership |
Melanie Forbes | Chief Marketing Officer | Leadership |
Schalk Visser | Chief Information And Technology Officer | Leadership |
Farhad Suleman | Managing Executive - Cell C Business | Leadership |
Belinda Tshehla | Executive Head | Leadership |
Chris Julian Lazarus | Chief Officer Sales, Distribution, Customer Operations And Regions | Leadership |
Thuli Moyo | Managing Executive: Finance | Leadership |
Alton Govender | Group Enterprise Architect | Team |
Tamaryn McPherson | Executive: Brand & Sponsorships & Media | Team |
Brett Cousins | Senior Manager: National Channel Sales Operations | Team |
44 more people are available in the full profile.
Complete people profiles for Cell C
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- Board tenure
- Professional contacts
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IPO & Listings of Cell C
Cell C is a publicly listed company on the JSE with ticker symbol CCD in South Africa, operating in the Miscellaneous sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date27 Nov 2025
- Listed onJSE: CCD
- Listed entityCell C Holdings Ltd.
- Exchange sectorMiscellaneous
- ISINZAE000354007
- Share price2,399.00 ZAC (+1.22% on the day) · 2026-10-09
- Market capitalisation8,156,600,000.00 ZAC
- Price to earnings2.0
- EPS (diluted, trailing year)12.24 ZAC
- Volume (last session)168
Financials of Cell C
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 12.64B ZAR | 4.16B ZAR | 650.6M ZAR |
| 2024 | 11.14B ZAR | 2.22B ZAR | 801.1M ZAR |
| 2023 | 11.09B ZAR | -553.2M ZAR | -159.2M ZAR |
| 2022 | 11.31B ZAR | 3.94B ZAR | -828.7M ZAR |
Detailed financial statements for Cell C
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
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Investments & Acquisitions by Cell C
Cell C has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include BLUE LABEL TELECOMS.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Prepaid secure electronic products are distributed by Blue Label Telecoms. | bluelabeltelecoms.co.za | Sandton, South Africa | 2001 | Aug 2026 | $125.25M |
Complete acquisition details for Cell C
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Timeline of Cell C
5 dated milestones of Cell C across 25 years, from founding to its latest funding, stage changes and deals.
- Founded Cell C is founded.
- Funding First funding round of $477.9M.
- Funding Latest funding round, Private Equity Round,.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires BLUE LABEL TELECOMS.
Competitors of Cell C
Cell C operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Jio, MTN, Airtel, Proximus Group and AT&T, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| jio.com | 2010 | Navi Mumbai, India | $20.11B | 63,923 | Provider of telecommunication services | |
| mtn.com | 1994 | Johannesburg, South Africa | $7.05M | 18,931 | MTN Group is recognized as a leading telecommunications provider in Africa. | |
| airtel.in | 1995 | Gurugram, India | – | – | Airtel is recognized as a provider of telecommunications and internet services. | |
| proximus.com | 1994 | Brussels, Belgium | – | 11,634 | Telephony, internet, television, and network-based ICT services are provided. | |
| att.com | 1876 | Dallas, United States | – | 144,811 | Mobile internet, TV, and telecommunication services are provided. | |
| optus.com.au | 1981 | North Ryde, Australia | $19.72M | – | Mobile internet services are provided for homes and offices. | |
| dna.fi | 1999 | Helsinki, Finland | $188.17M | – | Integrated telecommunication and TV services are provided across Finland. | |
| telecomitalia.com | 1994 | Rome, Italy | – | 59,429 | Integrated telecom service provider |
Detailed competitors of Cell C
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Web traffic of Cell C
The website of Cell C (cellc.co.za) receives about 1.8M visits a month and ranks #39,036 among all websites worldwide, #4,801 in Telecommunications.
- Monthly visits1.8M
▲ 0.9% vs previous month
- Unique visitors523.8K
per month
- Global rank#39,036
among all websites
- Category rank#4,801
Computers Electronics and Technology · Telecommunications
- Bounce rate52%
- Pages per visit2.1
- Average visit1 min 30 sec
- DevicesDesktop 6% · Mobile 94%
Websites whose visitors overlap most with Cell C. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
vodacom.co.za | vodacom.co.za | 100% | – | #8,694 | – |
mtn.co.za | mtn.co.za | 98% | – | #5,901 | – |
| telkom.co.za | 81% | 10.4M | #7,455 | View details | |
| afrihost.com | 63% | 1.6M | #24,313 | View details | |
| virginmobile.co.za | 62% | – | – | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Cell C
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- 40 similar websites
- Audience overlap
- Engagement analytics
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Latest news on Cell C
Complete news archive for Cell C
Full article history, source details, and older brand coverage require an active premium plan.
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- Source and publication date
- Older coverage
- Brand-specific news history
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Similar companies to Cell C
10 companies that operate in the same segment as Cell C (Telecom Operators), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
MTN Group is recognized as a leading telecommunications provider in Africa. | 1994 | Johannesburg, Gauteng, South Africa | USD 7.05 M | USD 13.7 B | – | |
Global telecommunications company | 1995 | Delhi, Delhi, India | USD 292 M | USD 4.86 B | 4,250 | |
Telephony, internet, television, and network-based ICT services are provided. | 1994 | Brussels, Brussels-capital Region, Belgium | – | USD 7.08 B | 11,634 | |
Mobile telecommunications, internet, and energy services are provided globally. | 1981 | Tokyo, Tokyo, Japan | – | USD 44.14 B | 74,952 | |
Mobile internet, TV, and telecommunication services are provided. | 1876 | Dallas, Texas, United States | – | USD 125.65 B | 140,990 | |
Mobile internet services are provided for homes and offices. | 1981 | North Ryde, New South Wales, Australia | USD 19.72 M | – | – | |
Sky is recognized as a provider of TV, broadband, and mobile services. | 1990 | Isleworth, England, United Kingdom | – | – | 31,000 | |
Mobile and fixed-line telecommunication services are provided across Europe. | 1989 | The Hague, South Holland, Netherlands | – | USD 6.82 B | 9,660 | |
Provider of integrated telecommunication services | 1984 | Seoul, South Korea | – | USD 11.84 B | 5,490 | |
Integrated telecom and IPTV services are provided to Canadian customers. | 1874 | Vancouver, British Columbia, Canada | – | USD 14.86 B | 106,800 |
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Frequently Asked Questions about Cell C
Cell C was founded in 2001 and raised its 1st funding round 4 years after it was founded.
Cell C is headquartered in Johannesburg, South Africa. It is registered at Johannesburg, Gauteng, South Africa.
Jorge Mendes is the current CEO of Cell C. They have also founded this company.
Cell C is a funded company, having raised a total of $422.42M across 3 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $477.88M, raised on Jul 2005.
Annual revenue of Cell C is $779.09M as on May 31, 2026.
Cell C was established in 2001 and is based in Johannesburg, South Africa. Operations focus on telecommunications, with MVNO capabilities enabling mobile services through partnerships. Internet access, television broadcasting, and additional connectivity options are offered to customers in the region. The company is led by Jorge Mendes in the role of founder and CEO, supporting its presence in the South African market.
Cell C's top competitors include MTN, Proximus Group and AT&T.
Yes, Cell C is publicly traded on JSE under the ticker symbol CCD.
Cell C has made 1 acquisition, including BLUE LABEL TELECOMS.
Cell C has 3 investors. Key investors include ZTE, Huawei, and BLUE LABEL TELECOMS.
Yes. Cell C publishes Cell C and 1 more app, with over 1 million downloads.
The website of Cell C receives about 1.8 million visits a month and ranks #39,036 among all websites worldwide.